Generation of Commission Invoices #
LX INDIA shall generate commission invoices on or around the 28th day of each calendar month. Each commission invoice generated on a particular 28th shall cover the applicable commission, fees, charges, and other amounts relating to transactions falling within the billing period commencing from the immediately preceding 28th and ending on the current 28th, subject to applicable accounting, settlement, and reconciliation requirements.
LX INDIA may make appropriate adjustments in subsequent invoices or statements in respect of chargebacks, disputes, reversals, corrections, or other transactions that were not fully reconciled at the time of invoice generation.
Availability of Commission Invoices #
Commission invoices and related statements shall be made available to Sellers through the Seller dashboard or such other digital system designated by LX INDIA from time to time.
LX INDIA shall generally make commission invoices available on the Platform for the preceding three (3) financial years, subject to applicable legal, regulatory, and system requirements.
The Seller shall be responsible for reviewing and downloading its invoices, statements, and transaction records within the applicable availability period. The Seller should maintain its own records for accounting, taxation, audit, and other business purposes.
Invoice Review and Discrepancies #
The Seller shall review commission invoices and related statements within a reasonable period from the date they are made available. Any discrepancy, error, or concern identified by the Seller should be notified to LX INDIA through the prescribed support or grievance channel, together with relevant transaction details and supporting documents.
